Life Settlement Solution

Life settlements began as viatical life settlements, which are the sale of a life insurance policy for people that have terminal illnesses and need the money for medical expenses.The life settlement industry actually began in Europe in the 1880's. The United States did not negotiate with viaticals until 1989 with the onset of HIV.

People who contracted the virus found themselves in better financial condition when they found out that their life insurance policy had value and could be traded on that value.

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